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According to the report, global rodenticides market was valued at over USD 723.86 million in 2015, is expected to reach above USD 1004.72 million in 2021 and is anticipated to grow at a CAGR of slightly above 5.6% between 2016 and 2021. Rodenticides are the pesticides mainly used for killing rodents. Rodenticides function as enzyme inhibitors which inhibit the clotting enzymes resulting in internal bleeding which causes deadly. Rodenticides are either first generation anticoagulants or second generation anticoagulants wherein the first generation are more toxic as compared to the second generation whereas second generation anticoagulants kill the rodents in one consumption in overnight.
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According to the report, global rodenticides market was valued at over USD 723.86 million in 2015, is expected to reach above USD 1004.72 million in 2021 and is anticipated to grow at a CAGR of slightly above 5.6% between 2016 and 2021.
Rodenticides are the chemical pesticides used for killing rodents. Rodents can be rats, mice, squirrels, woodchucks, chipmunks and other animals in some cases. Rodenticides are either anticoagulants or non anticoagulants depending on their function of coagulation. Natural rodenticides are those prepared using natural constituents and are generally environmental friendly.
There has been the huge rise in the agricultural sector which has led to high consumption of various pesticides to gain high productivity. This factor is likely to assist the high rodenticides market growth. Moreover, high accomplishment from the government to improve the productivity of food to satisfy the requirement from the ever increasing population is likely to spur the growth of the rodenticides market in the coming years. Usage of rodenticides adversely affects domestic animals and children which have resulted into, laws and regulations for the use of rodenticides in definite regions. This, in turn, may hamper the growth of rodenticides market in the near future. Introduction of natural harmless rodenticides is likely to open new avenues for the growth of rodenticides within the forecast period. In addition, high demand for natural rodenticides is expected to present the market with adequate opportunities in the forecast period.
The rodenticides market can be segmented on the basis of the type which can be broadly classified as anticoagulant rodenticides, non-anticoagulant rodenticides, and others. The other type includes rodenticides made from natural products. The anticoagulant rodenticides can be further bifurcated into diphacinone, warfarin, chlorophacinone and coumatetralyl which are considered as first generation anticoagulant whereas second generation anticoagulant rodenticides are difenacoum, brodifacoum, flocoumafen, bromadiolone and difethialone. Numerous applications for the rodenticides are agricultural, pest control, warehouses and others. Depending on the mechanism the rodenticides can be differentiated as rodenticides with the single dose, rodenticides with multiple doses and rodenticide with acute dose. Rodenticides with single dose cause death after 24 hrs, rodenticides with multiple dose causes death after ingestion wherein acute dose causes death in 24 hrs.
The rodenticides market was dominated by North America followed by Europe in 2015. Factors such as government funding and escalating farmer literacy for usage of advanced technologies and chemicals to produce high-quality food owing to depleting arable land is expected to boost the demand for rodenticides in this region. Asia Pacific is anticipated to exhibit the fastest growth in the market within the forecast period. This is mainly contributed to the ever-increasing demand for foodstuff in the region. Rapidly increasing industrialization sector in India and China had led to the decrease of plowable land. Latin America is predicted to experience bolstering growth in the rodenticides market owing to promising agricultural sector in Brazil. The Middle East and Africa is likely to show productive growth due to the elevated utilization of rodenticides and other pesticides in agricultural to attain high productivity.
The DOW Chemical Company, Syngenta AG, UPL Limited, Pelgar International, Senestech, Inc, Bayer Cropscience AG, BASF SE, Liphatech, Inc., Neogen Corporation, E.I. Du Pont De Nemours and Company, J.T. Eaton & Co., Inc and Impex Europa S.L are some of the major players in the rodenticides market. The players in the rodenticides continuous focus on R&D for innovative formulations.
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List of Figures
1. Rodenticides market segmentation
2. Global rodenticides market revenue, 2015 – 2021 (Kilo Tons)(USD Million)
3. Rodenticides : Market attractiveness analysis, by type segment
4. Rodenticides : Market attractiveness analysis, by application segment
5. Rodenticides : Market attractiveness analysis, by regional segment
6. Global Rodenticides Market : Company Market Share, 2015
7. Patent trend between 2011 -2016
8. Patent Share by Company between 2011 – 2016
9. Patent Share by Region between 2011 – 2016
10. Global rodenticides market revenue share by type, 2015 – 2021
11. Global rodenticides market, by non anticoagulant rodenticides, 2015 – 2021
12. Global rodenticides market, by cholecalciferol, 2015 – 2021
13. Global rodenticides market, by bromethalin, 2015 – 2021
14. Global rodenticides market, by zinc phosphide, 2015 – 2021
15. Global rodenticides market, by anticoagulant rodenticides, 2015 – 2021
16. Global rodenticides market, by diphacinone, 2015 – 2021
17. Global rodenticides market, by warfarin, 2015 – 2021
18. Global rodenticides market, by chlorophacinone, 2015 – 2021
19. Global rodenticides market, by coumatetralyl, 2015 – 2021
20. Global rodenticides market, by difenacoum, 2015 – 2021
21. Global rodenticides market, by brodifacoum, 2015 – 2021
22. Global rodenticides market, by flocoumafen, 2015 – 2021
23. Global rodenticides market, by bromadiolone, 2015 – 2021
24. Global rodenticides market, by difethialone, 2015 – 2021
25. Global rodenticides market, by other types, 2015 – 2021
26. Global rodenticides market revenue share by application, 2015 – 2021
27. Global rodenticides market, for agriculture, 2015 – 2021
28. Global rodenticides market, for pest control, 2015 – 2021
29. Global rodenticides market, for warehouses, 2015 – 2021
30. Global rodenticides market, for other applications, 2015 – 2021
31. Global rodenticides market revenue share by region, 2015 – 2021
List of Tables
1. Global rodenticides market estimates and forecast, 2015 – 2021 (Kilo Tons)(USD Million)
2. Global rodenticides market, by region, 2015 – 2021 (Kilo Tons)(USD Million)
3. Global rodenticides market, by type, 2015 – 2021 (Kilo Tons)(USD Million)
4. Global rodenticides market, by application, 2015 – 2021 (Kilo Tons)(USD Million)
5. Rodenticides – Key market driver analysis
6. Rodenticides – Key market restraint analysis
7. North America rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
8. North America rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
9. U.S. rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
10. U.S. rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
11. Europe rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
12. Europe rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
13. Germany rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
14. Germany rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
15. France rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
16. France rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
17. UK rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
18. UK rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
19. Asia Pacific rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
20. Asia Pacific rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
21. China rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
22. China rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
23. Japan rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
24. Japan rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
25. India rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
26. India rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
27. Latin America rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
28. Latin America rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
29. Brazil rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
30. Brazil rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
31. Middle East and Africa rodenticides market revenue, by type, 2015 – 2021 (Kilo Tons)(USD Million)
32. Middle East and Africa rodenticides market revenue, by application, 2015 – 2021 (Kilo Tons)(USD Million)
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